Robert Kiyosaki: Bitcoin Is Your Best Protection
According to Rich Dad Poor Dad author, Robert Kiyosaki, investors should brace themselves for hyperinflation, with bitcoin being their best protection against it. Kiyosaki, who co-authored the book with Sharon Lechter, is recommending bitcoin as a shield. The book has been a best-seller for over six years, with its copies sold across more than 109 countries and 51 languages.
In a recent social media post, Kiyosaki shared his experience in Germany to commemorate the 1923 hyperinflation. He said that the current government leaders are the most incompetent ever, urging people to study past hyperinflations and prepare. He highlighted the importance of food, as well as guns, gold, and silver. However, he believes that bitcoin is the best protection because its value is controlled by the people, not the leaders.
He noted, “Yet I believe bitcoin is your best protection because bitcoin is people’s money which means people control the value of bitcoin not our leaders.”
Warning about hyperinflation is not new to Kiyosaki. He previously emphasized that people should invest in gold, silver, and bitcoin for financial security. He has repeatedly expressed concerns about the deteriorating U.S. dollar and the need to prepare for unstable times. Former Twitter CEO Jack Dorsey, venture capitalist Balaji Srinivasan, and economist Peter Schiff have also raised alarms about the threat of hyperinflation.
Hot Take: Robert Kiyosaki Urges Investors to Get Prepared
Robert Kiyosaki, the author of Rich Dad Poor Dad, is once again urging investors to get ready for hyperinflation, advocating for the protection of bitcoin as a means to safeguard against economic instability. His advice comes in the context of global economic concern and the need for people to take control of their financial future.
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